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42 Locust Ln

Lebanon, PA 17042

3 bd 2 ba 1,623 sqft Built 1967 Lot 12,632 sqft single_family
Most recent sale
$230,000
Nov 12, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2025 Price changed $289,900 BrightMLS
Jun 28, 2025 Listed $299,999 BrightMLS
Nov 12, 2021 Sold $230,000 MLS #PALN119396
May 22, 2021 Listed $225,000 MLS #PALN119396

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $91,100 $29,700 $120,800 $3,026
2025 $91,100 $29,700 $120,800 $2,902
2024 $91,100 $29,700 $120,800 $2,778
2023 $91,100 $29,700 $120,800 $2,639
2022 $91,100 $29,700 $120,800 $2,564
2021 $91,100 $29,700 $120,800 $2,438
2020 $91,100 $29,700 $120,800 $2,419
2019 $91,100 $29,700 $120,800 $2,368
2018 $91,100 $29,700 $120,800 $2,325
2016 $91,100 $29,700 $120,800 $2,204
2015 $91,100 $29,700 $120,800 $2,070
2014 $91,100 $29,700 $120,800 $2,002
2013 $91,100 $29,700 $120,800 $342
2012 $18,600 $1,900 $20,500 $482
2011 $18,600 $1,900 $20,500 $482
2010 $18,600 $1,900 $20,500 $2,413

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,623 sqft
Lot size
12,632 sqft
ZIP code
17042
City
Lebanon
Street
Locust Ln
Coordinates
40.27632, -76.43738

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,435
Gross rental yield
12.70%
Implied cap rate
8.26%
Trend-extrapolated value

Frequently asked questions

When did 42 Locust Ln last sell?
42 Locust Ln most recently sold on Nov 12, 2021 for $230,000.
What is the current tax assessment for 42 Locust Ln?
The most recent total assessment for 42 Locust Ln (year 2026) is $120,800 with $3,026 in property tax.
How does 42 Locust Ln's assessment compare to its last sale price?
The current assessment is 47.5% below the last sale price of $230,000.
When was 42 Locust Ln built?
42 Locust Ln was built in 1967.
How does 42 Locust Ln compare to others on Locust Ln?
We track 5 other properties on Locust Ln. Browse the list under "Other properties on Locust Ln" to compare beds, baths, and sale history.
What are the property facts for 42 Locust Ln?
42 Locust Ln is a 3 bed, 2 bath, 1,623 sqft, 12,632 sqft lot single_family.
Is 42 Locust Ln a flip candidate?
No — 42 Locust Ln does not appear in our flips dataset.
Is 42 Locust Ln a tax-appeal candidate?
No — 42 Locust Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$323.3K
2026 Q4
$324.1K
ZIP 17042 — Median Price History + Forecast

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